Deals19 Mar 2026, 02:12 pm
WeWork India Management Ltd Enters into a Membership Agreement with TMUS India Private Limited for Capacity Addition in Hyderabad
AI Summary
WeWork India Management Ltd has entered into a Membership Agreement with TMUS India Private Limited for managed office space in Hyderabad. The agreement, which entails provision of dedicated workspace across five floors at Phoenix H10, Hyderabad, is expected to strengthen the company's presence in the region. The contract, worth approximately ₹475.49 Crore (excluding applicable taxes), has a tenure of 60 months with a committed term of 42 months from the client.
Key Highlights
- WeWork India Management Ltd has entered into a Membership Agreement with TMUS India Private Limited for managed office space in Hyderabad.
- The agreement is expected to strengthen the company's presence in the region.
- The contract is worth approximately ₹475.49 Crore (excluding applicable taxes) for a tenure of 60 months.
- The workspace will be designed, developed, and managed by WeWork on behalf of TMUS India Private Limited.
- The agreement has a committed term of 42 months from the client.